Rotary Club of Palatka Sunrise

Nonprofit profile at a glance

EIN
593168656
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Palatka, FL, USA
Phone
3863258816
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$68,612
Expenses
$77,878
Assets
$22,773

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • FREDDY GARRETT (PRESIDENT)
  • AMBER COUVER (VICE PRESIDENT)
  • DOUGLAS THOMPSON (PRESIDENT ELECT)

People named in this filing

  • FREDDY GARRETT (PRESIDENT)
  • AMBER COUVER (VICE PRESIDENT)
  • DOUGLAS THOMPSON (PRESIDENT ELECT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As member club of rotary international our purpose is to pursue the objects of rotary, carry out successful community service projects through five avenues of service:

What it reported doing in 2024

Community civic projects to support literacy, fight hunger support local school clubs ($5065) and provided scholarships for local students ( $19,000)

Operating model

Revenue model
Membership-supported. 71% of the money available for current operations came from membership dues.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.7%; rating input score 67
  • Program expense ratio: 58.8%; rating input score 59

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -13.5%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.6% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 1.3% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: -3.7% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: 66.7% of revenue deployed · 58.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $46K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.